The price of Ethereum has experienced a significant uptrend in 2024, with a growth of over 30% in just under two months. One compelling factor contributing to this surge is the recent on-chain data revealing a decrease in Ethereum’s exchange reserve balance. This decline indicates that more ETH tokens are being withdrawn from centralized exchanges
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The emergence of Mollars (MOLLARS) on the Ethereum Blockchain has captured the interest of many crypto enthusiasts for various reasons. Not only does it offer a secure way to store value, but it also presents a unique opportunity for significant growth post-ICO. With plans to launch on May 1st, Mollars aims to establish itself as
The Energy Information Administration (EIA) made the decision to pause the controversial survey of crypto mining firms on Feb. 23 after facing a lawsuit from members of the crypto mining sector. This lawsuit was brought forward by crypto mining company Riot Platforms and the Texas Blockchain Council on Feb. 22. The lawsuit named the EIA,
In a recent report, Matrixport made a bold prediction that Bitcoin would soar to $63,000 by March of this year. This forecast comes on the heels of their previous prediction that Bitcoin would reach $50,000 by the end of January, which ultimately did not materialize as expected. Despite the ambitious nature of this price target,
Ethereum has experienced some volatility this week, with the price briefly breaking above $3,000 before entering into a correction. The key support at $2860 will be crucial for buyers to maintain the bullish momentum. Failure to reclaim $3,000 could lead to a deeper correction, although high timeframes still signal a bullish outlook. Any pullbacks are
The Wall Street Memes ecosystem is currently experiencing a major growth milestone as the WSM Casino has disclosed the deposit of $10 million worth of crypto assets. This deposit has been attributed to the excitement surrounding the GambleFi project within the Wall Street Memes community. The platform has been able to attract users with its
Recent technical analysis by crypto analyst Ali Martinez, also known as @ali_charts, has highlighted a potential sell signal on the three-day chart for Cardano (ADA) against the US dollar. The analysis, shared on X on February 23, points to caution among ADA traders due to the appearance of a bearish signal from the TD Sequential
Kraken, a prominent cryptocurrency exchange, found itself in the midst of a legal battle with the US Securities and Exchange Commission (SEC). The charges brought against Kraken were seen as a direct result of the firm’s vocal advocacy for regulatory boundaries within the digital asset industry. The SEC alleged that Kraken had been operating unlawfully
The recent sale of SHEboshi NFTs, linked to the popular meme coin Shiba Inu (SHIB), created a buzz in the non-fungible token market. Within just under three hours after the launch, all 20,000 collectibles were claimed before the public minting phase. Originally priced at 0.05 ETH each, the floor price of these NFTs has now
The recent bullish breakout of Bitcoin (BTC) to the $52,000 price mark has sparked hope within the community, thanks to predictions made by the well-known cryptocurrency analyst, Titan of Crypto. Titan of Crypto pointed out a potential trend called a “Bull Flag formation”, predicting a near-term target price of $61,000 for BTC. Despite some challenges
Following the launch of spot Bitcoin Exchange-Traded Funds (ETFs) by major players such as BlackRock and Fidelity, the response of Bitcoin’s price has been relatively subdued. Despite significant net inflows of $5.278 billion into Bitcoin ETFs within a short period, the price of BTC has only appreciated by 4.3% from $49,040 to $51,000. This lackluster
PlutoSwap (PLUTO) has emerged as a disruptive force in the decentralized finance (DeFi) space with its launch of an AI-Powered DEX aggregator. The project has introduced a cutting-edge pathfinder algorithm that leverages artificial intelligence to help traders find the best prices in real-time. One of the key focuses of PlutoSwap is on layer 2 blockchains,
Nemesis Downfall, the long-awaited first-person shooter game, is gearing up for its open beta launch on February 28. With its innovative play-to-earn concept, the game is set to make waves in the gaming industry. Players will have the opportunity to earn rewards while engaging in thrilling combat scenarios on the PancakeSwap Gaming Marketplace. The game
The warning issued by House Majority Whip Tom Emmer on Feb. 22 highlighted a concerning development for Bitcoin mining firms under the Biden administration. Emmer’s letter to the Office of Management and Budget (OMB) raised alarm about the approval and expedited implementation of a new information collection regime by the Energy Information Administration (EIA) targeted